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GoFintech Innovation Limited
(0290)
GoFintech Innovation Limited (0290) vs. iShares MSCI Hong Kong ETF (EWH)
GoFintech Innovation Limited Business Overview & Revenue Model
GoFintech Innovation Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 863.40M | 863.40M | 45.98M | 24.38M | 57.48M | 156.87M |
| Gross Profit | 37.59M | 37.59M | -1.74M | 18.37M | 22.91M | 130.50M |
| EBITDA | 12.21M | 10.14M | -26.75M | -49.83M | -40.63M | 41.42M |
| Net Income | -2.52M | -2.52M | -30.68M | -58.85M | -79.31M | -13.49M |
Balance Sheet | ||||||
| Total Assets | 4.61B | 4.61B | 1.09B | 475.76M | 604.61M | 955.44M |
| Cash, Cash Equivalents and Short-Term Investments | 392.80M | 392.80M | 462.76M | 183.21M | 195.81M | 363.86M |
| Total Debt | 430.56M | 430.56M | 23.98M | 36.78M | 175.60M | 333.10M |
| Total Liabilities | 686.47M | 686.47M | 305.35M | 179.29M | 356.75M | 631.14M |
| Stockholders Equity | 3.93B | 3.93B | 786.84M | 296.47M | 247.86M | 324.31M |
Cash Flow | ||||||
| Free Cash Flow | -97.46M | -133.46M | -121.72M | 17.25M | -101.49M | -1.75M |
| Operating Cash Flow | -92.99M | -92.99M | -121.72M | 17.25M | -101.36M | 3.10M |
| Investing Cash Flow | -758.84M | -753.66M | -188.57M | -75.51M | 1.09M | -4.86M |
| Financing Cash Flow | 652.15M | 649.13M | 489.73M | -25.21M | -158.84M | -191.65M |
GoFintech Innovation Limited Technical Analysis
GoFintech Innovation Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | HK$1.98B | 26.05 | 2.32% | 2.11% | 20.05% | 16.56% | |
54 Neutral | HK$22.81B | 98.67 | -0.11% | ― | 1992.61% | ― | |
50 Neutral | HK$827.14M | -15.53 | -499.08% | ― | 191.15% | -1.98% | |
46 Neutral | HK$1.12B | 1,081.82 | >-0.01% | ― | -27.12% | ― | |
46 Neutral | HK$1.05B | -0.89 | -99.49% | ― | 22.37% | 20.18% | |
44 Neutral | HK$599.13M | -15.77 | -9.25% | ― | -66.98% | -115.16% |
GoFintech Innovation Limited Corporate Events
GoFintech Quantum Innovation Limited has again extended the long stop date for completing its previously announced subscription of new shares under a general mandate, pushing the deadline to 20 February 2026 through a seventh supplemental agreement with the subscribers. The repeated extensions, driven by the need for additional time to satisfy conditions precedent, indicate that while the company and investors remain committed to the equity subscription, closing of this capital-raising exercise continues to face procedural delays, which may affect the timing of GoFintech’s planned financing and any related strategic initiatives.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has announced a further delay in sending a shareholder circular related to a major transaction involving the acquisition of artworks, pushing the expected despatch date from on or before 19 January 2026 to on or before 20 February 2026. The company cited the need for additional time to finalize certain information for inclusion in the circular, which will contain detailed terms of the artwork acquisitions and notice of an extraordinary general meeting, indicating that the timetable for shareholder approval and potential execution of this diversification move into artwork assets has been extended.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has once again extended the long stop date for the completion of a new share subscription under its general mandate, signing a sixth supplemental agreement with the subscribers to push the deadline to 29 January 2026. The repeated extensions, attributed to additional time needed to satisfy conditions precedent, indicate that the share subscription process remains incomplete but still active, with all other terms unchanged; shareholders and potential investors are advised that further updates will be provided in line with Hong Kong listing requirements.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has completed a connected transaction involving the capitalisation of shareholder loans into equity, issuing 458,769,789 new shares to lender and major shareholder Dr. Liu Zhiwei under a specific mandate at HK$1.28 per share. The HK$587.225 million consideration for these new shares was settled by offsetting an equivalent repayment amount owed by the group, reducing the company’s debt under the relevant loan agreements to HK$80 million and modestly diluting existing shareholders. Following the transaction, Dr. Liu’s stake increased from 17.49% to 21.46% of the enlarged share capital, while the total number of issued shares rose to 9,558,684,080, consolidating his position as the largest shareholder and reinforcing the company’s capital base without a cash outlay.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has announced a further delay in sending a shareholder circular related to its major transaction for the acquisition of artworks, pushing the expected despatch date from on or before 19 December 2025 to on or before 19 January 2026 to allow more time to finalise the information to be included. The postponement means shareholders will have to wait longer for detailed disclosures and the notice of the extraordinary general meeting required to approve the artwork acquisitions, potentially extending the timeline for execution of this diversification move and signalling that the transaction remains in progress but not yet ready for formal consideration by investors.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has again extended the long stop date for completing a previously announced share subscription under its general mandate, reflecting ongoing delays in satisfying the conditions precedent agreed with subscribers. Following a series of prior extensions from September through December 2025, the company and its subscribers have now signed a fifth supplemental agreement pushing the deadline to 8 January 2026, while keeping all other terms of the subscription unchanged, and the company has committed to keep shareholders and potential investors updated on further developments.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited announced the successful approval of its Loan Capitalisation Agreement and associated transactions during its extraordinary general meeting held on December 17, 2025. The resolution, overwhelmingly supported by shareholders, aims to bolster the company’s financial structure and operational strategies, demonstrating its commitment to advancing shareholder value and enhancing market positioning in the fintech industry.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited announced its unaudited interim results for the six months ended 30 September 2025, revealing a significant increase in revenue and profit compared to the same period in 2024. The company’s revenue surged to HK$1,026,940,000 from HK$22,016,000, and it achieved a profit before tax of HK$206,855,000, a notable turnaround from the previous year’s loss. This positive performance was driven by substantial fair value changes on investments and increased other income, despite higher finance costs and operating expenses. The results indicate a strong financial position and potential growth prospects for the company, positively impacting its stakeholders and market positioning.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has announced a further extension of the Long Stop Date for its Loan Capitalisation Agreement, now set for 31 December 2025. This extension, agreed upon after arm’s length negotiations with the lender, allows additional time to fulfill the Conditions Precedent necessary for the transaction’s completion, maintaining all other terms and conditions unchanged.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has announced a further extension of the Long Stop Date for its new subscription of shares under a general mandate. The Long Stop Date, initially set for 25 September 2025, has been extended multiple times due to the need for additional time to fulfill the conditions precedent in the Subscription Agreements. The latest extension moves the date to 18 December 2025. This extension reflects ongoing negotiations and adjustments to meet the necessary conditions, impacting the company’s operational timeline and potentially affecting shareholder and investor decisions.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited announced an extraordinary general meeting scheduled for December 17, 2025, to discuss and potentially approve a loan capitalisation agreement. This agreement involves converting approximately HK$587.225 million of unsecured shareholder facilities into share capital, issuing 458,769,789 new shares at HK$1.28 each. This move is expected to strengthen the company’s financial position and potentially enhance its market standing.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited announced a delay in the dispatch of a circular related to its major transaction involving the acquisition of artworks. The circular, which was initially expected to be sent to shareholders by November 21, 2025, will now be dispatched by December 19, 2025, due to the need for additional time to finalize certain information. This delay may impact the company’s timeline for completing the transaction and could influence stakeholder perceptions regarding the company’s operational efficiency and strategic planning.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has issued a positive profit alert, projecting a significant turnaround with an expected net profit of HK$200 million to HK$210 million for the six months ending September 2025, compared to a net loss of HK$10.9 million in the same period last year. This improvement is attributed to net gains on investments, profits from cryptocurrency disposals, and increased operating profits from its core business activities. The final interim results are pending and may be subject to adjustments.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has announced a board meeting scheduled for November 28, 2025, to approve the unaudited interim results for the six months ending September 30, 2025, and to consider an interim dividend. This meeting is significant as it could impact the company’s financial strategies and shareholder returns.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
GoFintech Quantum Innovation Limited has announced a further extension of the Long Stop Date for the completion of its new share subscription under a general mandate. This extension, now set to 27 November 2025, follows previous extensions due to the need for additional time to fulfill conditions precedent. The company emphasizes that all other terms of the subscription agreements remain unchanged, and it will continue to update shareholders and potential investors on significant developments. The completion of the subscription remains uncertain, and stakeholders are advised to exercise caution.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.